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ICYMI, Weekly Stock Market Recap. Sept 17-21

JT001

22-Sep-2018 10:19 AM

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In case you missed this week stock market movers news. This is our weekly recap.

Monday Down Jones down -92.55 points, SPY-0.53%, QQQ -1.44%, IWM -1.06%, IBB -1.32%.  POTUS

  • TG Therapeutics Inc (TGTX) stock down -11.63% for the day due to no specific date for data announcement
  • Amazon.com (AMZN) stock down -3.15% on reports of employee data leaks to sellers on site by deleting negative reviews.
  • Teva Pharmaceuticals Industries Ltd (TEVA) FDA approves AJOVYTM injection.  Stock up +2.54%
  • Mersana Therapeutics Inc (MRNS) partial hold XMT-1522  being lifted by  FDA. Stock down -22.53%

Tuesday the US stock market shake off the 10% of $200 billion tariffs imposed by the POTUS. Dow Jones up +185.04 points, SPY +0.55%, IBB +1.12%, IWM +0.41%, QQQ +0.83%

  • Viking Therapeutics Inc (VKTX) the study VK2809 succeed in a mid-stage trial. Stock up +87.30% for the day.
  • Tesla Inc (TSLA) stock dropped midday due to news from Bloomberg that CEO has been criminal probe to the "Secure Funding" tweet early last month. Stock down -3.35%
  • Tilray Inc (TLRY)  The Fear Of Missing Out #FOMO stock up +26.88%

Wednesday financial sector leading the market rallies., and China ADRs stocks relief bounce.  Dow Jones up +158.80 points, SPY +0.11%, QQQ-0.08%, IWM -0.36%, IBB +0.13%.

  • Tilray, Inc (TLRY) continue the #FOMO rallies up +70% intraday then stock halted and back down to finished up +38.12%
  • Baidu Inc (BIDU)  stock up+4.39%
  • Alibaba Group Holding Ltd (BABA) stock up +3.82%
  • Altimmune Inc (ALT) low floater top percentage gainers for the day +272.54%

Thursday third day the US stock market rallies, NASDAQ post new all-time high, Dow Jones +251.49 points, SPY +0.79%, QQQ +1.11%, IWM +0.93%, IBB +1.39%

  • Corbus Pharmaceuticals Holdings, Inc (CRBP) stock rallies ahead of Jim Cramer to interview the CEO
  • NVIDIA Corp (NVDA)  from Morgan Stanley analyst expect Turing ramp may be 'slow and steady', stock trade down
  • Acadian Pharmaceuticals Inc (ACAD) the FDA finds no new or unexpected safety risks for Nuplazid

Friday Dow Jones finished on record week.

  • GTX Inc (GTXI) Phase 2 trial ASTRID did not meet the primary endpoint, stock down -92.27%
  • Kalvista Pharmaceuticals Inc (KALV) new 52 weeks high at $20.98
  • Tilray Inc (TLRY) after the stock hit $300 earlier this week, end close at $123.00

Friday after hours news China calls off the trade talks, won't go to Washington. 

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